![]() Knowing the difference between cost variance and schedule variance will help you in how you plan out your time and budget for your projects or business. Why Should You Know the Difference between Cost Variance and Schedule Variance? ![]() One of the basic lessons that you need to familiarize yourself with is the difference between cost variance and schedule variance.Īpplication of such knowledge will definitely come in handy while facing undertakings such as your risk management processes and goal settings. A competent financial literacy is even more critical when you’re just launching a business. Every aspect of finance一from basic management, goal setting, determining investment value, up to your main financial objectives一must constantly be kept in mind. ![]() Anyone who dreams of having it big in any field must not forget that project budget should always be a priority.
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